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Day: May 19, 2024

QFMA Affirms Keenness to Constantly Review Legislation to Keep Up with Local Variables, International Standards

May 19, 2024Web Desk

Doha: Qatar Financial Markets Authority (QFMA) emphasized that is continuously working whenever necessary to review its legal legislation for the purpose of ongoing development and update in order to keep pace with local variables and the best interna…

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QSE Index Rises 0.40% at Start of Trading

May 19, 2024Web Desk

Doha: Qatar Stock Exchange index started Sunday’s trading session up by 0.40%, adding 38.52 points to reach the level of 9741 points, compared to last closing.

The index was supported by a rise in five sectors: Transportation by 0.93%; Real Estate by…

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IPA, QFZ Highliht Qatar’s Position in Global Logistics Sector

May 19, 2024Web Desk

Doha: The Qatar Investment Promotion Agency (IPA) and the Qatar Free Zones Authority (QFZ) asserted Qatar’s prestigious position in the global logistics sector, which had a market value of USD 10.41 trillion in 2023 and is expected to rise to more tha…

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Qatar’s Budget Records QR 2 Billion Surplus in Q1 2024

May 19, 2024Web Desk

Doha: The Ministry of Finance announced Sunday that the State of Qatar’s budget for the first quarter of 2024 recorded a surplus of QR 2 billion.

The surplus was directed to reducing public debt, and therefore there is no cash surplus, the Ministry p…

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Qatar Development Bank Wraps Up Trade Activities in South Korea

May 19, 2024Web Desk

Doha: Qatar Development Bank and its affiliate Qatar Export Development andFinance and Promotion Agency (TASDEER) concluded its trade activities in the Republic of South Korea, as a continuation of its efforts to support the Qatari producers and entre…

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Motorsport Company Announces Details of 6th Edition of Dakar Rally Saudi Arabia

May 19, 2024Web Desk

Jeddah: Saudi Motorsport Company, operating under the umbrella of the Saudi Automobile and Motorcycle Federation, has announced the details of the sixth edition of the Dakar Rally, held in Saudi Arabia since 2020, which is one of the biggest races in …

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